Recently Released Market Study: Oman Consumer Electronics Report Q4 2012
BMI expects that Oman's consumer electronics market will grow by around 9% in 2012, with Omani consumer confidence high, fuelled by higher wages. An increase in government spending to allay concerns expressed by protestors in Muscat in 2011 boosted incomes and BMI forecasts more stimulus spending in the form of wage increases and subsidies in 2012. In 2011, leading Omani market vendors reported double- and triple-figure shipments growth in some AV product categories. Rising incomes, new technologies and a trend...
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